How to Budget

Most people don’t like to budget their money, but there are huge benefits:

Dave says to write out how you will spend your money each month. For example: I’m going to spend $_________ on __________ (e.g. food, entertainment, etc.)

Next, track your spending. Make sure it aligns with your budget.

Here is a budget app: https://www.ramseysolutions.com/ramseyplus/everydollar 

Budgeting is Not Hard

Here’s another way to think about a budget.

Dave says to make a list of your income. Then make a list of your expenses. Then give each dollar an assignment. Assignments include how you will spend, save, and give. If you are married you need to do this with your spouse. 

This is what can happen if you don’t budget. Click on the video to watch on YouTube: